MUMBAI, Dec 14 (Reuters) - Indian power producer Reliance Energy Ltd RLEN.BO said on Friday its board had approved raising up to 50 billion rupees ($1.3 billion) by way of foreign currency convertible bonds overseas. ($1 = 39.4 Indian rupees) (Reporting by Hiral Vora; Editing by Ranjit Gangadharan)
NEW YORK/HOUSTON/BEIJING (Reuters) - Saudi Arabia has quit a long-held lease for 5 million barrels of Caribbean oil storage near the key U.S. market and state giant PetroChina is poised to move in, industry sources say, a potentially major shift in global oil trade dynamics.
Six months after a disputed election, tension in Iran shows no signs of letting up. Full Article
Bernie Madoff became the poster boy of crooked investment schemes this year -- but he wasn't alone. Here's a look at the 10 most notorious cases of 2009. Full Article
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
